BTN to MGA - Convert Bhutanese Ngultrum to Malagasy Ariayry

Convert BTN to MGA using our currency converter with real exchange rate today

1 BTN = 52.68 MGA

1 MGA = 0.019 BTN

(Mid-market exchange rate)

Last updated Apr 24, 2024 13:04 GMT

BTN to MGA conversion chart

Below is the live and historical Bhutanese Ngultrum to Malagasy Ariayry rate chart so you can see today's rate - and how the rates have changed over time.

1 BTN = 52.68 MGA

1,000 Bhutanese Ngultrum to Malagasy Ariayry stats | BTN to MGA

Stat Last 7 days Last 30 days Last 90 days Last year Selected period on chart
High 53.157 53.377 54.886 55.554 53.377
Low 52.144 52.144 52.156 52.156 52.144
Average 52.488 52.607 53.856 54.334 52.617
Volatility 1.94% 2.36% 5.23% 6.52% 2.36%

What is the Bhutanese Ngultrum worth against the Malagasy Ariayry today?

1 BTN is worth 52.68 MGA today

How much is 1,000 BTN worth in MGA?

At the current exchange rate of 52.68 , a sum of 1,000 Bhutanese Ngultrum is worth 52,680 Malagasy Ariayry.

Which currency is stronger? BTN or MGA?

The Bhutanese Ngultrum is currently stronger than the Malagasy Ariayry given that 1 BTN is equal to 52.68 MGA. Conversely, 1 MGA is worth 0.019 BTN.

Overview of BTN to MGA Performance and Trends

Today, to buy 1,000 Bhutanese Ngultrum, you need 52,680 Malagasy Ariayry. On the same date last year, you needed 54,105 Malagasy Ariayry for 1,000 Bhutanese Ngultrum. This change indicates that the Bhutanese Ngultrum has lost value against the Malagasy Ariayry by 1.81% over the past year.

The pair experienced moderate volatility of 6.52%.

Moderate volatility means there is a moderate risk of price changes. It represents a balance of potential gains and risks.

BTN to MGA Currency Performance and Volatility

Last 7 Days

  • Performance: Nu.1,000 varied between Ar52.144 (weekly low) and Ar53.157 (weekly high), a variance of Ar1.013 .
  • Volatility: Fluctuated by 1.94%.

Last 30 Days

  • Performance: Nu.1,000 varied between Ar52.144 (30-day low) to Ar53.377 (30-day high), a variance of Ar1.233 .
  • Volatility: Fluctuated by 2.36%.

Last 90 Days

  • Performance: Nu.1,000 varied between Ar52.156 (90-day low) to Ar54.886 (90-day high), a variance of Ar2.73 .
  • Volatility: Fluctuated by 5.23%.

Last Year

  • Performance: Nu.1,000 ranged from Ar52.156 (yearly low) to Ar55.554 (yearly high), a variance of Ar3.398 .
  • Volatility: Fluctuated by 6.52%.

BTN to MGA Forecast and trending

Is the Bhutanese Ngultrum going up or down against the Malagasy Ariayry?

Today's BTN to MGA exchange rate (53.118) is higher compared to yesterday's rate (52.62).

Currency information

BTN - Bhutanese Ngultrum

The currency code for Bhutanese Ngultrum is BTN.

The BTN currency symbol is Nu..

Minor unit: 1/100 = Chetrum

BTN rank by most traded currencies: Not in top 40 traded currencies

Avg proportion of daily world trade volume: 0% (Low daily trade currency)

BTN rank by strongest currencies (buying power): 88

The Bhutanese Ngultrum is the currency of 1 countries:

MGA - Malagasy Ariayry

The currency code for Malagasy Ariayry is MGA.

The MGA currency symbol is Ar.

Minor unit: 1/5 = Iraimbilanja

MGA rank by most traded currencies: Not in top 40 traded currencies

Avg proportion of daily world trade volume: 0% (Low daily trade currency)

MGA rank by strongest currencies (buying power): 138

The Malagasy Ariayry is the currency of 1 countries:

Understanding BTN to MGA Currency Exchange: Our Top Tips

Let's look at some practical information, ideas and tips to help you make sure you can get the most from your money when you convert Bhutanese Ngultrum to Malagasy Ariayry, to send a payment, for a trip overseas, when shopping online or to hold a balance in Malagasy Ariayry.

How to convert BTN to MGA?

You can convert Bhutanese Ngultrum to Malagasy Ariayry either in a physical location or online. If you choose to exchange money at a currency exchange store, bank or at the airport, you'll be given your Malagasy Ariayry in cash. Or, you can choose to convert digitally, to send a payment overseas for example.

If you're exchanging money in a physical location you'll usually need to take the following steps:

  • Choose an exchange service that suits your needs
  • Head there with the money in Bhutanese Ngultrum cash to exchange
  • Get a quote for the exchange rate and any commission or fee you need to pay
  • Hand over your money and receive your Malagasy Ariayry in cash

Exchanging your money digitally is often easier. As an example, here's how to send a payment overseas:

  • Choose an international payment service that suits your needs and head to their desktop site, or download their app
  • Tap Send Payment
  • Enter the amount in Bhutanese Ngultrum you want to send, or the amount in Malagasy Ariayry you want your recipient to get in the end
  • You'll be shown a quote for the exchange rate and any commission or fee you need to pay
  • Choose your preferred payment method, and follow the prompts to pay
  • Your money will be deposited to your recipient's bank account directly, in Malagasy Ariayry

How to get the best BTN to MGA exchange rate?

Because banks, currency exchange offices and international payment services all set their own exchange rates, you'll need to shop around a little to find the best BTN to MGA exchange rate for your specific transaction.

Get to know the BTN/MGA mid-market exchange rate using reputable currency conversion tools, so you'll be able to see how the market is trending. You can often set up rate alerts so the service you choose will send you a message when the BTN/MGA mid-market exchange rate hits your preferred level. Once you see a rate you like, act fast to complete your transaction before markets move again.

Another smart option is to open a multi-currency account which lets you hold a selection of major world currencies, often including Bhutanese Ngultrum and Malagasy Ariayry. This can be helpful if you transact internationally often, live overseas, receive payments from abroad, invest in diverse markets or even if you simply love to shop online with international retailers. Because you can hold a balance in the currency or currencies of your choice, there's no need to convert from one currency to another unnecessarily - you can wait until exchange rates are favorable to avoid losing out.

How to buy Bhutanese Ngultrum with Malagasy Ariayry?

You'll be able to exchange Malagasy Ariayry to Bhutanese Ngultrum in the same way as you'd exchange Bhutanese Ngultrum to Malagasy Ariayry. If you have Malagasy Ariayry in your pocket in cash, you can take them along to a currency exchange service and ask if they'll buy back in exchange for Malagasy Ariayry. Be aware that the exchange rate might not be great - so coming back from a trip with as little foreign cash as possible is a smart plan.

On the other hand, if you hold Bhutanese Ngultrum in a bank or specialist provider account, you'll be able to take advantage of online currency exchange services which can often offer fast, efficient and good value conversion which uses a better rate than a bank would.

Where to exchange BTN to MGA?

You can exchange currencies in person at a currency exchange store, bank or airport, or use an online service instead. It's helpful to know that in person currency exchange options can offer a pretty poor deal overall, as exchange rates commonly include a markup - an extra fee. If you're exchanging somewhere with little local competition - like at an airport or hotel, for example - the chances are that the rate you get will be even worse.

A good alternative is to open a multi-currency account which lets you hold and exchange currencies digitally - and if you pick an account which also offers a linked debit card, you can make ATM withdrawals at home and abroad whenever you need cash. Digital specialist services can often offer a better exchange rate with lower overall costs compared to using your bank or exchanging cash in person - plus they're intuitive to use and let you manage your money with just your phone.

Frequently asked questions when converting Bhutanese Ngultrum to Malagasy Ariayry (BTN to MGA)

How much is the Bhutanese Ngultrum to Malagasy Ariayry?

The Bhutanese Ngultrum to Malagasy Ariayry exchange rate today is 52.68 . Use this guide to learn more about exchanging BTN to MGA in the easiest and best value way for your specific needs.

How much is 1,000 Bhutanese Ngultrum to the Malagasy Ariayry?

The BTN to MGA rate today is 52.68 . That means that 1,000 Bhutanese Ngultrum would be worth 52,680 Malagasy Ariayry.

How to exchange Bhutanese Ngultrum to Malagasy Ariayry?

Exchange BTN to MGA in person at a bank, currency exchange store or airport - or for a better exchange rate and to avoid standing in line in a physical store, use a digital service. Online currency exchange services are safe, intuitive and easy to use, to send payments internationally, or hold and exchange multiple currencies including BTN to MGA.

How to send money to Madagascar?

If you want to send money from Bhutan - or anywhere else in the world - to Madagascar, you'll be able to do so through your bank or an online specialist service like Wise. Specialist international money transfer services can often offer better exchange rates and lower overall costs for payments to Madagascar - plus, you'll be able to get everything arranged with just your laptop or phone.

What is the Mid-Market Rate?

The mid-market exchange rate is the rate that banks and currency exchange services get when they buy and sell currencies like Malagasy Ariayry and Bhutanese Ngultrum on wholesale markets. It's an important benchmark you can use to measure whether the exchange rate you're offered by a bank or exchange service is fair.

Usually banks and exchange services add a percentage margin - known as a markup - to the exchange rate they get themselves. But this markup can vary a lot, and in some cases pushes up the cost of currency exchange significantly. Learning about the mid-market rate and monitoring it can mean you get a better deal when you exchange currencies.

Get the live Bhutanese Ngultrum to Malagasy Ariayry exchange rate with our handy tools, to help you compare your options.

Why trust us?

We take reader trust seriously. At Currency Live we're working to help our readers learn more about currency exchange so they can avoid the common pitfalls and make more of their money. Here's why you can trust us to do just that:

Expertise and Transparency by our partnership with Wise

Our partnership with Wise reinforces our commitment to delivering transparent and reliable financial insights and aiding more than millions of monthly users in their money transfers. We already have a billion impressions and over a million yearly visitors who benefit from the depth of insight and actionable tips we can provide them.

Broad market scope

At Currency Live we cover all of currency pairs, with rates which are refreshed in real time so you'll know the details you're reading are accurate, extensive and live.

Reliable Market Analysis

Our market analysis and currency news are up-to-date, researched and presented in an easy-to-understand format. This ensures you get accurate and actionable information, without any unnecessary complexities.

Commitment to Accurate Currency Information

Currency Live was built by currency exchange experts with over 10 years experience, and we are proud to dedicate ourselves to providing essential and current information, aiding users with valuable insights for currency conversion and financial decision-making.